TCI LONG VIEW

TCI (Transport Corporation of India Limited) have Financial Results, Dividend & Fund Raising on 25th May 2021. The important point is all events in one day. Technically, the chart is bullish and under good recovery.

Buy at 283.15 (CMP) FOR TARGETS: 320/350/372 with a STOPLOSS at 230. 15 days to 60 days view. There is a good chance technically that the earlier high swing will be breached. With an investment of 4-5% of fund, this trade can show good result.

Data wise, delivery quantity going on increasing near resistance, which indicates a possible breakout.